a16z Crypto: ‘Stop Issuing Token in the US to Raise Funds’

IconCrypto News Terminal25 Apr, 2024

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a16z Crypto: ‘Stop Issuing Token in the US to Raise Funds’

a16z Crypto has proposed five principles for token issuance and launch through official channels. Here's a summary: - Avoid issuing tokens in the US to raise funds. - Prioritize decentralization. - Enhance communication to address information asymmetry. - Ensure adequate liquidity through measures like listing. - Restrict internal inventory access for at least a year post-issuance. Previously on 25 April 2024, a16z Crypto had proposed five principles for token issuance and launch through official channels. The five principles included: 1. Do not issue tokens for the purpose of raising investment funds in the United States. 2. Establish the principles of decentralization and decentralization. 3. Emphasize communication and prevent the problem of information asymmetry. 4. Take measures to ensure liquidity, such as listing. 5. Ensure that internal inventory is locked up for at least one year after the token is issued.

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